Thrivent Financial for Lutherans Increases Stock Holdings in CNH Industrial N.V. $CNH

Thrivent Financial for Lutherans lifted its stake in CNH Industrial N.V. (NYSE:CNH) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,269,882 shares of the company’s stock after purchasing an additional 52,690 shares during the quarter. Thrivent Financial for Lutherans owned about 0.66% of CNH Industrial worth $76,249,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Quent Capital LLC purchased a new position in CNH Industrial during the 3rd quarter valued at $27,000. Measured Wealth Private Client Group LLC purchased a new position in CNH Industrial during the 3rd quarter valued at $29,000. Clearstead Advisors LLC boosted its holdings in CNH Industrial by 132.7% during the 3rd quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock valued at $37,000 after acquiring an additional 1,924 shares during the period. Elevation Wealth Partners LLC purchased a new position in CNH Industrial during the 4th quarter valued at $31,000. Finally, Advisory Services Network LLC purchased a new position in CNH Industrial during the 3rd quarter valued at $37,000. Hedge funds and other institutional investors own 59.88% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Truist Financial set a $16.00 price objective on CNH Industrial in a report on Friday, May 1st. Robert W. Baird boosted their price objective on CNH Industrial from $10.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, February 18th. Wall Street Zen upgraded CNH Industrial from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Oppenheimer boosted their price objective on CNH Industrial from $13.00 to $16.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Finally, Barclays boosted their price objective on CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a report on Wednesday, April 1st. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $12.77.

CNH Industrial Trading Down 2.3%

Shares of NYSE CNH opened at $10.43 on Friday. The company has a quick ratio of 10.17, a current ratio of 12.27 and a debt-to-equity ratio of 3.32. The business has a fifty day simple moving average of $10.75 and a two-hundred day simple moving average of $10.63. The firm has a market cap of $12.93 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 1.46 and a beta of 1.18. CNH Industrial N.V. has a twelve month low of $9.00 and a twelve month high of $14.27.

CNH Industrial (NYSE:CNH) last issued its earnings results on Thursday, April 30th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.80 billion. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.CNH Industrial’s revenue was down .1% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 EPS. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. Analysts expect that CNH Industrial N.V. will post 0.41 earnings per share for the current fiscal year.

CNH Industrial Cuts Dividend

The company also recently announced an annual dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a yield of 89.0%. CNH Industrial’s payout ratio is 32.26%.

Insiders Place Their Bets

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of CNH Industrial stock in a transaction on Monday, May 4th. The stock was sold at an average price of $10.13, for a total transaction of $490,140.05. Following the completion of the sale, the insider directly owned 71,926 shares of the company’s stock, valued at $728,610.38. The trade was a 40.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.18% of the stock is currently owned by company insiders.

CNH Industrial Company Profile

CNH Industrial N.V. is a global capital goods company specializing in the design, production and sale of agricultural and construction equipment, commercial vehicles and powertrain solutions. The firm operates through five core brands—Case IH and New Holland for agricultural machinery, Case and New Holland for construction equipment, Iveco for light, medium and heavy commercial vehicles, and FPT Industrial for engines and drivetrain components. Established in 2013 through the combination of Fiat Industrial and CNH Global, the company draws on a rich heritage of innovation dating back to pioneering landmarks in farm and construction machinery from the 19th century.

The company’s product portfolio encompasses tractors, combines, balers, excavators, backhoe loaders, trucks, vans and bespoke engines for marine, automotive and industrial markets.